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CITISPACE - Tech enabled hospitality

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Anil
CITISPACE - Tech enabled hospitality
  • Hospitality sector is going through an exceptional crisis due to the pandemic and 2020 was the biggest ever challenge for the sector worldwide. Crisis have affected almost all major operators & aggregators in the segment. Still 2020 had proven beneficial for few small scale players who had adapted technology and used analytics to take business decisions.

CITISPACE a hospitality service provider headquartered in Bangalore and catering to Corporate Guest House, Serviced Apartments, Extended Stay, Short term rental requirements in Bangalore had faced similar problems like any other players in the segment. As IT industry switched to work from home it's serviced apartments near manyata tech park and other properties close to IT hubs started to see a fall in occupancy rates. The situation arised in 2020 demanded change in the way business is being done and CITISPACE was swift in making those changes. Unlike other accommodation providers in the segment CITISPACE along with analytical and technological strength of the company made a revamp. Company on boarded with more aggregators, implemented software based inventory mapping, made changes to existing companies own operated portal and adopted aggressive offline marketing too. Being an Airbnb Super host for consecutive 7 times with properties which can be referred as Best Airbnb in Bangalore also helped immensely.

 

 

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